American universities are in a tight spot. When the coronavirus pandemic hit in March 2020, almost all of them closed their campuses and switched to online instruction. Result? Students filed hundreds of lawsuits against the colleges, claiming–rightly in my opinion–that online teaching is inferior to face-to-face instruction and wasn’t what they paid for. In many …
I bought a Subaru in 2019, and the company promised to make a $250 donation to one of four Subaru-selected charities. Subaru calls this program “Share the Love.” As I recall, I selected Meals on Wheels, and I was glad to have Subaru donate some money to that worthy charity on my behalf. Nevertheless, I …
The Consumer Financial Protection Bureau (CFPB) has announced new rules to assist homeowners to attempt to avoid foreclosure now that the protections against forclosing have phased out. CFPB Acting Director Dave Uejio. “An unchecked wave of foreclosures would drain billions of dollars in wealth from the Black and Hispanic communities hardest hit by the pandemic …
By Richard Fossey & Todd A. DeMitchell As Inside Higher Education reported last spring, college students in several states sued their universities for tuition refunds after the schools switched from face-to-face instruction to an online format in response to the COVID-19 pandemic. Dozens of cases have been filed all over the United States against both …
The case filed yesterday by the Federal trade commission (FTC) caught my eye because you don’t often see a case filed against “one or more unknown parties deceiving consumers.” It appears the FTC just got fed up with a scammer claiming to sell products from Lysol and Clorox in this moment of Covid. Whoever the …
As tenants across Florida lost their jobs and incomes during the coronavirus pandemic, executives at Axiom Realty Partners LLC, whose portfolio includes at least nine apartment buildings throughout the Southeast, applied pressure on some tenants to either pay rent or move out. One Axiom tenant, who asked that her name not be used for fear …
In the past few months, the United States has experienced unprecedented job losses due to the Covid-19 pandemic. Stay at home or closure orders have shuttered businesses, raised the unemployment rate to higher levels than seen in the 2008-2009 recession and left many wondering how they are going to pay their bills. As Bloomberg reports, …
The Federal Trade Commission today announced it has sent six letters warning multi-level marketing companies (MLMs) to remove and address claims about their products’ ability to treat or prevent coronavirus 2019 (COVID-19) or about the earnings people who have recently lost income can make, or both. This is the second set of warning letters to …
The COVID-19 pandemic is causing similar financial hardship for consumers around the world, but new research indicates that Millennials (those persons between the ages 26-40) are being challenged the most. A just-released TransUnion (NYSE: TRU) global report including seven regions on five continents found that three in four Millennials (76%) worldwide indicated their household incomes …
Question: Dear Steve, I was laid off for a year and tried to start a business. The same company hired me back this year and due to COVID the business was put in the back burner. I am an essential employee now. During that year due to not having a job and starting a business, …